Word: centrally
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Dates: during 1960-1969
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...Shoup returned to Tarawa to participate in ceremonies commemorating the 76 hours when the corps suffered 3,319 casualties, among them 1,027 dead. Some 4,700 Japanese also died in the invasion, the first in a series of amphibious operations that sent U.S. forces island-hopping across the Central Pacific toward Japan. Robert Sherrod, the TIME and LIFE correspondent who filed the story of Tarawa in 1943 after leaping into neck-deep water and wading ashore with the fifth wave of Marines to hit the beach, has long been saddened by the realization that the island's name...
French and German intransigence sent Europe's monetary system reeling toward the brink of crisis. On the day that Schiller, chairman of the Group of Ten, summoned the world's leading central bankers and finance ministers to an emergency meeting in Bonn, demand for gold in London hit the highest level since March. In New York, sterling hit rock bottom at $2.38. In Swiss money markets, it slipped even lower. The dollar, by comparison, weathered the crisis fairly well, reflecting general confidence that the U.S. was finally doing something convincing about its balance of payments problem...
When the U.S. Supreme Court approved consolidation of the Pennsylvania and New York Central Railroads last January, it opened a new right of way for railroad mergers on a grand scale. National policy, the court noted, requires that railroads be allowed to unite into a "limited number of systems." In accord with the Supreme Court's doctrine, a special three-judge Federal District Court in Washington last week flashed a long-awaited green light for a merger that would create the nation's longest railroad...
...Portland & Seattle. The resulting 26,509-mile system, including a few subsidiaries, would serve 17 states and two Canadian provinces, from Chicago to Vancouver, from Galveston to Winnipeg. The merged northern lines, to be known as the Burlington Northern Inc., would rank third among U.S. railroads (after the Penn Central and the Southern Pacific), with 1967 revenues of $875 million...
...Group of Ten"--central bankers and finance ministers from the world's wealthiest Western nations--met here until 3 a.m. local time to decide what conditions to attach to a massive credit program to aid the franc...